Uganda replaces Kenya with Tanzania for its oil imports

Uganda and Vitol Bahrain have chosen the Dar es Salaam port in the capital city of Tanzania as its entry point for its oil imports.

This was done to foster the relationship between both East Africa countries. The move follows Vitol Bahrain’s procurement of a contract from Uganda National Oil Business (UNOC), that allows it to supply Uganda’s oil.

The move also precedes Uganda’s decision to end its dependence on Kenya for its oil imports. A few weeks ago, a bill allowing Uganda National Oil Business (Unoc), a state-owned oil company, to purchase and deliver oil to the country’s internal market was approved by the Ugandan cabinet.

Source: BI